BasWare - Company Announcement

Basware to deliver Connectivity Services and Invoice Processing solution to leading manufacturer of building materials

Basware Corporation stock exchange release, October 1, 2009 at 12:45

Basware to deliver Connectivity Services and Invoice Processing
solution to leading manufacturer of building materials

Basware will deliver Basware Connectivity Services and Basware
Invoice Processing solution to one of the world's largest
manufacturers of building materials. The value of the deals exceeds
EUR 400 000.
Basware Connectivity is a new set of services which enables suppliers
and buyers of all sizes and maturity to transact electronically. The
service to be delivered now includes Basware Scan and Capture
services. The services will be implemented initially in Germany and
potentially on group level. The implementation starts in December
2009 and is estimated to be completed by February 2010. Basware
Invoice Processing solution helps organizations in their invoice
processing by mastering the process both internally and externally."We launched Basware Connectivity services as a complete solution in
2009 and yet another agreement proves that we have succeeded in our
development work.  Basware is the only company who can deliver all
documents related to purchase to pay process in one solution. Basware
Connectivity service allows companies to handle purchase to pay
processes online and to achieve fast return on investment," says CEO
Ilkka Sihvo, Basware Corporation.

The Basware Connectivity services include the ability to deliver
e-invoices and purchase messages with Basware  Business Transactions,
an outsourced Basware Scan and Capture solution to convert all paper
invoice to electronic format, the ability for suppliers to key-in
invoices, receive orders electronically, send order confirmations as
well as upload and create electronic catalogs via Basware Supplier
Portal and an outsourced Basware Supplier Activation service to
communicate with the suppliers, assist and activate them to connect
to the buyers' purchase to pay process.

BASWARE CORPORATION
Ilkka Sihvo

For more information, please contact:
CEO Ilkka Sihvo, Basware Corporation
Tel. +358 9 8791 7251 or +358 40 501 8251

Distribution
NASDAQ OMX Helsinki Ltd
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